SB Capital Investment Corporation, the investment banking arm of Security Bank, continues to be a preferred partner for businesses looking to expand and reach their full potential. As such, SB Capital goes beyond meeting businesses’ banking needs by helping them meet potential partners for growth.
In January, Ovialand—a real estate company that provides premium affordable homes to Filipinos—signed a Memorandum of Understanding with Japan-based real estate Takara Leben to develop houses in strategic regional areas. The first project under this partnership will be Savana South, which will be located in San Pablo, Laguna.
A total of 657 homes will be developed over the next four years for the benefit of Filipino families looking for a better quality of life for themselves.
For Pammy Olivares-Vital, Ovialand President and CEO, SB Capital was a key bridge into making this partnership possible. ‘’SB Capital has listened to our needs and understood our growth plans – which was essential for them to be able to find a partner fit for us. Working with them has been gratifying, and we look forward to hitting our organization’s goals with their support,” Olivares-Vital said.
Negotiations between Ovialand and Takara Leben went for five months, with SB Capital matching both of them, facilitating discussions and structuring terms of the agreement.
Virgilio Chua, SB Capital President and CEO, was likewise honored to be part of Ovialand and Takara Leben’s journey of forming a partnership together. “SB Capital continues to look for creative products and services which add long-term value for our clients. We are confident that this alliance between Ovialand and Takara Leben will lead to continued success for both companies in the future,” Chua said.
To learn more about SB Capital, visit: https://www.securitybank.com/sb-capital.